MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-03-0038230
Daspalla Resorts Private Limited - travel and hospitality in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.64 Cr
▲ 5% YoY
Net profit · FY 2025
₹1.83 Cr
Net margin 8.8%
EBITDA · FY 2025
₹2.43 Cr
EBITDA margin 11.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.36 Cr
Issued & subscribed
Open charges
₹9.63 Cr
Satisfied ₹56.86 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
226
Provident fund records
About Daspalla Resorts Private Limited
Data last updated:
Daspalla Resorts Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U55101AP1995PTC021923. Its GSTIN is 37AAACD7821K1ZI (Andhra Pradesh).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.36 Cr. It was formerly known as Daspalla Resports Limited. It is led by directors including Veera Nataraj Bandi (Whole-Time Director) and Venkatarao Mandava (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No.28 – 2 – 48 Suryabagh Visakhapatnam. Andhra Pradesh, Andhra Pradesh, India – 530020.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.64 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 8.8%) and EBITDA of ₹2.43 Cr (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 226 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.63 Cr and satisfied charges of ₹56.86 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
Daspalla Resorts Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-03-0038230). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website daspallahotels.com.
Company details
CIN U55101AP1995PTC021923
Registration Number 021923
Incorporation Date 06 October 1995
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-AP-03-0038230
Name history
Daspalla Resorts has undergone 2 name changes throughout its history. The company was previously known as Daspalla Resports Limited, and Daspalla Resorts Private Limited. The current legal name is Daspalla Resorts Private Limited.
| Company Name | Status |
|---|---|
| Daspalla Resorts Private Limited | Current |
| Daspalla Resports Limited | Previous |
CIN history
Daspalla Resorts has one previous CIN (Corporate Identification Number): U55101AP1995PLC021923. The current CIN is U55101AP1995PTC021923, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101AP1995PTC021923 | Current |
| U55101AP1995PLC021923 | Previous |
Key People
Veera Nataraj Bandi Whole-Time Director Venkatarao Mandava Whole-Time Director Venkata Krishna Gannamaneni Director Recognitions & Rankings of Daspalla Resorts
Contact details
Daspalla Resorts Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is daspallahotels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD.No.28 – 2 – 48 Suryabagh Visakhapatnam. Andhra Pradesh, Andhra Pradesh, India – 530020
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Daspalla Resorts Private Limited, buy the company report.
Comprehensive company report
Daspalla Resorts Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Daspalla Resorts is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Daspalla Resorts Private Limited, buy the company report.
Financials of Daspalla Resorts Private Limited
FY 2025 filings availableDaspalla Resorts Private Limited reported revenue of ₹20.64 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹20.64 Cr ▲ 5%
Net profit · FY 2025
₹1.83 Cr margin 8.8%
EBITDA · FY 2025
₹2.43 Cr margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 5%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 36%
3 years · compounded
▼ 2%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 36% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.83 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 8.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Daspalla Resorts Private Limited, buy the company report.
Board of directors of Daspalla Resorts Private Limited
Daspalla Resorts has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Krishna Gannamaneni Also directs: Daspalla Chits and Investments Limited, Daspalla Global Hotels Private Limited, Daspalla Hotels Private Limited and 5 more | Director | 23 Sep 2017 | 9 Years 1 Months | Current |
| Radha Krishna Koratala | Director | 06 Oct 1995 | 31 Years 0 Months | Current |
| Raghavendra Rao Mandava Also directs: Kranthi Hospitalities Private Limited (Part.Ix), Balaji Daspalla Resorts LLP, Daspalla Global Hotels Private Limited and 5 more | Director | 06 Oct 1995 | 31 Years 0 Months | Current |
| Narendra Mandava Also directs: Daspalla Chits and Investments Limited, Daspalla Global Hotels Private Limited, Daspalla Hotels Private Limited and 2 more | Director | 28 Sep 1996 | 30 Years 0 Months | Current |
| Jasthi Raghu Nandan Chowdary | Director | 28 Sep 2025 | 1 Years 0 Months | Current |
| Veera Nataraj Bandi Also directs: Daspalla Hotels Private Limited, Daspalla Amaravathi Hotels Private Limited, Jublee Hill Resorts Private Limited and 1 more | Whole-Time Director | 08 Dec 2006 | 19 Years 10 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Daspalla Resorts Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DS Namah Hospitality Private Limited | ₹20.73 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Corniche Hospitality Private Limited | ₹20.71 Cr (FY 2024) | 2.0% | Kottakal, Kerala, India | |||
| Hotel Malligi Private Limited | ₹20.66 Cr (FY 2025) | 8.0% | Hospet, Karnataka, India | |||
| Daspalla Resorts Private Limitedthis company | ₹20.64 Cr (FY 2025) | ₹1.83 Cr | 8.8% | 5.0% | 226 | Visakhapatnam, Andhra Pradesh, India |
| Motels & Infrastructure India Private Limited | ₹20.59 Cr (FY 2025) | 9.0% | Mangalore, Karnataka, India | |||
| S.N.Forestry Limited | ₹20.59 Cr (FY 2025) | 11.0% | Rishikesh, Uttarakhand, India | |||
| Dream Valley Golf and Resorts Limited | ₹20.58 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| James Hotels Limited | ₹20.53 Cr (FY 2016) | -1.0% | Chandigarh, India |
To see the full peer comparison of Daspalla Resorts Private Limited, buy the company report.
Auditor
Daspalla Resorts Private Limited is audited by RAO&KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAO&KUMAR | FY 2023 | 03089S |
Shareholding
The shareholding of Daspalla Resorts Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Daspalla Resorts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.63 Cr
Satisfied charges
₹56.86 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2010 | 10223824 | Andhra Bank | ₹1.5 Cr | Open | |
| 17 Dec 2009 | 10194441 | Andhra Bank | ₹6.2 Cr | Open | |
| 24 Sep 2007 | 10070245 | The Karur Vysya Bank Limited | ₹7.5 Lakh | Open | |
| 19 Jan 2007 | 10149012 | The Andhra Pradesh State Financial Corporation | ₹50 Lakh | Open | |
| 16 Feb 2005 | 90133251 | The Andhra Pradesh State Financial Corporation | ₹18.78 Lakh | Open |
To see the full charge records of Daspalla Resorts Private Limited, buy the company report.
Total charge records: 24 View all charges
Legal cases
Daspalla Resorts Private Limited has 2 court cases on record: 1 filed by Daspalla Resorts, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Eastern Power Distribution Company of Andhra Pradesh Ltd., and 7 others | Pending |
| District court, West Godavari, Andhra Pradesh | Court case (MVOP) | Filed against the company by individuals | Disposed |
To see the full case history of Daspalla Resorts Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Daspalla Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Daspalla Resorts Private Limited has a workforce of 226 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
226
Active EPFO establishments
2
Employee growth
5.12%
GST
Daspalla Resorts has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACD7821K1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daspalla Resorts Private Limited, buy the company report.
Recent activity
Daspalla Resorts Private Limited has 12 board changes on record since 1995: 8 appointments and 4 cessations. The latest: Jasthi Raghu Nandan Chowdary was appointed as Director on 28 Sep 2025.
Charges
A charge registered on 28 Mar 2019 via Charge ID 100258245 with Hdfc Bank Limited was fully satisfied on 06 Oct 2025.
AGM
Daspalla Resorts Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records.
Appointed
Jasthi Raghu Nandan Chowdary was appointed as Director.
Charges
A charge with Others of Rs. 0.50 Cr registered on 25 Mar 2003 with Charge ID 90134648 was modified on 25 Sep 2025.
Filing
Daspalla Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with Hdfc Bank Limited of Rs. 13.25 Cr registered on 28 Mar 2019 with Charge ID 100258245 was modified on 23 Mar 2025.
Ceased
Narendra Mandava ceased to be Director.
Ceased
Veera Nataraj Bandi ceased to be Whole-Time Director.
Charges
A charge registered on 25 Jul 2008 via Charge ID 10121623 with Apsfc And Sidbi was fully satisfied on 02 Apr 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.25 Cr with Charge ID 100258245 was registered on 28 Mar 2019.
Charges
A charge registered on 27 Mar 2010 via Charge ID 10211738 with Apsfc was fully satisfied on 22 Feb 2019.
Charges
A charge registered on 11 Sep 2008 via Charge ID 10174287 with Andhra Pradesh State Financial Corporation was fully satisfied on 22 Feb 2019.
48 earlier events are in the company report.
Frequently asked questions
Daspalla Resorts is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 October 1995 (31+ years old) and is registered under CIN U55101AP1995PTC021923.
Daspalla Resorts has 8 current directors:
- Veera Nataraj Bandi - Whole-Time Director
- Venkatarao Mandava - Whole-Time Director
- Venkata Krishna Gannamaneni - Director
- Radha Krishna Koratala - Director
- Raghavendra Rao Mandava - Director
- Narendra Mandava - Director
- Jasthi Raghu Nandan Chowdary - Director
- Sarath Babu Jasthi - Director
The latest financial statements of Daspalla Resorts on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Daspalla Resorts is 37AAACD7821K1ZI, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Daspalla Resorts is U55101AP1995PTC021923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daspalla Resorts has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Daspalla Resorts was incorporated on 06 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Daspalla Resorts by revenue are DS Namah Hospitality Private Limited, Corniche Hospitality Private Limited, Hotel Malligi Private Limited, Motels & Infrastructure India Private Limited, S.N.Forestry Limited and 2 more, all in the Consumer Services industry (Hotels, Resorts), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Jasthi Raghu Nandan Chowdary was appointed as Director on 28 Sep 2025. Narendra Mandava ceased to be Director on 30 Sep 2022. Veera Nataraj Bandi ceased to be Whole-Time Director on 30 Sep 2022. Daspalla Resorts has 12 board changes on record in total.
Yes, Daspalla Resorts is registered as a small enterprise under Udyam registration (number: UDYAM-AP-03-0038230).
Daspalla Resorts can be reached through the website daspallahotels.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.